Your ledger currency is USD. At month end you have a balance on the Accounts Payable Liability Account of 100,000 Euros which is equivalent to USD 136,550. This balance needs to be revalued.
The month end exchange rate for revaluation is 1 Euro = 1.3755 USD
What two statements are true for the resulting revaluation run? (Choose two.)
A
The original journal entry in Euros remains the same.
B
The original journal entry in Euros is updated.
C
You have an unrealized exchange loss recorded.
D
You have an unrealized exchange gain recorded.
E
There is no unrealized exchange gain or loss calculated.
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